Bitcoin's current rebound to around 87,700 faces significant resistance at this level, which is within the dense pressure zone of 87,800-88,000. During the rebound, trading volume continues to decline, showing signs of volume-price divergence. The hourly moving average system is gradually narrowing and shows a potential death cross. The MACD and RSI indicators are weakening simultaneously, indicating that bullish momentum is diminishing.

If the price cannot effectively break through the 88,000 barrier, it may test the key support at 87,200 again in the short term. If this support level is broken with increased volume, the downside space will further open, potentially dropping to the 86,500-86,000 region.

Overall, the weak rebound and weakening indicators together form a bearish technical structure. It is recommended to focus on the validity of the 87,200 support. A break below this level can be seen as a sign of strengthening short-term bearish momentum, but caution is needed if the price strongly breaks above 88,400, as this could invalidate the bearish structure. $BTC #我的2026第一条帖